secwatch.observer — SEC 8-K summary
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Issuer:     APx Acquisition Corp. I (—)
CIK:        0001868573
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001193125-23-050956
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APx Acquisition Corp. I shareholders approve extension; $111M redeemed, ~$68M remains in trust
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- Shareholders approved amendment to extend combination period by two three-month periods; payment is lesser of $750k or $0.125 per share per period.
- Holders of 10,693,417 public shares redeemed at ~$10.41/share, totaling ~$111.3M.
- After redemptions, ~$68.3M remains in trust with 6,556,583 public shares outstanding.
- Sponsor notified intent to extend combination period by one three-month period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/0001193125-23-050956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868573/000119312523050956/d378384d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-050956

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